$100,000 Fellowships To Not Go To College

By Carleigh Lowe Wednesday, June 1, 2011

NPR recently ran a story, "PayPal Co-Founder Hands Out $100,000 Fellowships To Not Go To College," about Peter Thiel's controversial fellowship program. Thiel feels entrepreneurial pursuits are a better path than higher education. See below for an excerpt:

Peter Thiel, the PayPal co-founder and one of the first investors in Facebook, is proposing a controversial path toward more rapid innovation. Today his Thiel Foundation announced that it was giving 24 people under 20 $100,000 fellowships to drop out of school for two years to start a their own companies.

Some of the recipients are leaving first-rate institutions like Harvard and Stanford to take the fellowship. In a press release, the foundation's head, James O'Neill, said that in taking the fellowship they were "challenging the authority of the present and the familiar."

Let us know what you think about this idea in the comments!

At Harvard Business Services, Inc. we believe there is not one path to success and that many entrepreneurs thrive in the real world but not in school. It is up to the individual to decide what is right for them and their skills.

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